Are tax revenues the lowest they've been since World War II? PolitiFact Oregon

Michael Lloyd/The OregonianOregon Congressman Kurt Schrader says tax revenues are the lowest they've been since World War II.

Rep. Kurt Schrader, D-Ore., bills himself as a budget hawk, a persistent
agitator for getting the nation’s debt under control. He also speaks
frequently about the broken federal tax code.

Those two concepts came together on Sept. 13 when Schrader wrote in an
e-newsletter that Congress should go "big" this winter when devising a
way to avoid the so-called "fiscal cliff," the spending cuts and tax
increases that go into effect automatically early next year if Congress
does nothing.

Schrader has been preaching this for months. But in the newsletter he
offered a new argument for re-working the tax code as part of the
exercise. One big reason comprehensive tax reform is needed, he wrote
is, "Tax revenues are the lowest they have been since World War II and
need to increase through comprehensive tax reform."

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